Review on UNUS SED LEO by erdi yılmaz
UNUS SED LEO
UNUS SED LEO is an utility token used on the platforms of the iFinex ecosystem and projects it is developing.
It is available for Ethfinex, iFinex, Bitfinex, and many platforms that continue to evolve at the project stage. Those who hold LEO on Ethfinex and Bitfinex exchanges will have a 15% commission discount on their transactions on the exchange. If the value of LEOs held is more than 5000 USD, this ratio increases to 25%. Just like Binance's BNB, LEO usage is encouraged in LEO with commission discounts and burning transactions.
UNUS SED LEO tokens are generated on both Ethereum and EOS blockchains. There are 660 million LEOs based on Erc 20 and 340 million LEOs based on EOS. Users with LEO-ERC20 or LEO-EOS will be able to trade with Bitfinex with the token in the other network at the rate of 1: 1 for the amount they want. LEO-EOS tokens can be used in EOS applications and on the Eosfinex exchange.
Since LEO is both ERC and EOS tokens, it can be stored in wallets where Ethereum and EOS based tokens can be stored.
Pros
- Developers are working on many projects to expand the usage areas of the token. such as derivatives and decentralized stock market projects.
- Its supply is reduced from time to time by serious burning. This situation makes it gain value.
- Being based on both Ethereum and EOS expands its usage area.
Cons
- I can not see a problem in the project
